Reflections

, December 6, 2012

An art patron is reflected in an Untitled piece by Anish Kapoor at Art Basel in Miami Beach, Florida on December 5. As art aficionados and collectors descend on Miami Beach this week for one of the world's top contemporary art fairs, galleries are counting on the rising affluence of Latin American buyers. Latin America's millionaires and billionaires, many newly minted thanks to booming commodity prices and investments from Asia, are making a splash in the global art market, spending record amounts on works by artists from their region and buying pricier works by Impressionists and Old Masters. Reuters/Robert Sullivan